Kings Island News
Overnight a deal went through for Cedar Fair and Six Flags to merge. Below are some of the details on the merger. Are you happy, sad, or indifferent. Please reply with your comments below.
"Cedar Fair L.P. FUN and Six Flags Entertainment Corp. SIX said Thursday they have agreed to a merger of equals valued at about $8 billion including debt. Under the terms of the deal, Cedar Fair unitholders will receive one share of common stock in the new combined company for each unit owned, while Six Flags shareholder will get 0.5800 shares of common stock in the new entity for each share owned."